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Reserve Release

I would like to know when would the reserves get released?

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# Comment by joel 2CO Staff
2008-05-08 07:27:22

2CO holds a reserve for chargebacks, refunds, and ACH returned items in event the supplier goes out of business, becomes unreachable or simply terminates their relationship with 2CO without notice.

For all accounts, the reserve begins at 5% of gross sales within the payment period. The reserve amount is held for 90 days, then released.

 
 
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